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This study investigates the impact of the Austin MetroRail on commercial property values. Spatial Durbin models (SDM) suggest a modest price premium associated with rail transit across the study area. A premium gradient is also presented at different distance tiers from stations. When it comes to transit‐oriented development (TOD), a synergistic effect in enlarging the premium is found: with additional $9.0/ft2, $8.6/ft2 and $5.3/ft2 at 0.25 mi, 0.25–0.5 mi and 0.5–0.75 mi, respectively. Furthermore, geographically weighted regression shows the premium is significantly higher in central business district (CBD) and TOD areas. Such recognition of the heterogeneous price effect is of use in the design of project financing and TOD strategies.

Recently, the explosive growth of ridesourcing, or on-demand ridesharing, has attracted a great deal of attention from researchers and planners. Despite its transformative impacts on mobility, limited studies have examined how built environment affects its use. In this study, we investigate the impacts of built environment on ridesourcing demand. We employ structural equation modelling to account for the complex relationships among study variables, and investigate the impacts at census block group level by using RideAustin data in Austin, Texas. Findings reveal strong impacts of built environment on ridesourcing demand and significant temporal heterogeneity. The models show that greater population/employment/service job densities, road density, pavement completeness, land use mix and job accessibility by transit produce more ridesourcing demand. Access to the commuter rail (MetroRail) also leads to greater demand. Furthermore, time-of-day (TOD) models demonstrate that these effects vary significantly according to the time of day. Our research has implications for policy making and for travel demand modelling of ridesourcing.

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